Refer to the information provided in Figure 8.1 below to answer the question(s) that follow. Figure 8.1
-Refer to Figure 8.1 above. The total fixed costs for Cyndy's Floral Arrangements are $1,000. If Cyndy's Floral Arrangements produces 200 silk flower arrangements, the average fixed costs are
A) $0.20.
B) $5.
C) $20.
D) $200.

Question

Refer to the information provided in Figure 8.1 below to answer the question(s) that follow.  Figure 8.1
-Refer to Figure 8.1 above. The total fixed costs for Cyndy's Floral Arrangements are $1,000. If Cyndy's Floral Arrangements produces 200 silk flower arrangements, the average fixed costs are
A) $0.20. 
B) $5. 
C) $20. 
D) $200.

Quizplus · Accepted Answer

The average fixed cost is calculated by dividing the total fixed costs by the number of units produced. So, $1,000 / 200 = $5.

Refer to the Information Provided in Figure 8